Stop Procrastinating
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Disliked{quote} Just in case nobody has told you, let me tell you that your projections are top-notch! That's the best word I can use to describe it. You are a solid, solid trader.Ignored
Disliked{quote} 1.0660 is the minimum target for this move D1, market can either stop, bounce and even reverse. If it continues down 1.0575 is next followed by 1.0545. Worst scenario for EU 1.0470 that is AB=CD extensions. {image}Ignored
DislikedGuys maybe you know, I looking for this indicator - I know only that it's UK producer and i must pay 60$ {image}Ignored
Disliked{quote} Thanks as always! That looks like a potencial H&S on H4, will be spotting it as well!Ignored
Disliked{quote} These patterns are very common after Butterflies. The right wing of the butterfly forms the head of the H&S straight away. This will help us reading the market: If it works (breaking under the neckline) we can pinpoint the target more accurately, if it fails (moving above right shoulder top, we know reversal is forming and more likely there won't be another low.Ignored
Disliked{quote} Brilliant and very interesting! Is it more likely for a H&S to be formed when the right wing of the Butterfly reaches the 1.618 FIB (as it's been in this case) vs when it only reaches 1.27 FIB? Or does the FIB level reached have no influence on the possibility of H&S formation?Ignored
DislikedEveryone enjoy your weekend and as usual grateful to Pedro and Terry for their hardworkIgnored
Disliked{quote} Understood! I need to study about those AB=CD patterns, I'm far away from understanding and seeing them clearly. Thanks!Ignored